11-09-2018, 09:45 AM
(11-09-2018, 09:37 AM)saimash Wrote: Guys, what are your thoughts about investing in BUD... I had bought 50 shares @ 87.96 and it is down to nearly 74.5$ today (since they declared that they would cut dividends to offset the burden of their SAB Miller acquisition)... I was thinking of putting a Limit Order of $72.5 for 50 more shares to Dollar-cost-Avg... Would it be a STUPID decision to do that ?
Not a fan of BUD at all. They overpaid for SAB Miller and are getting killed by local micro-brews.
Consumer's tastes are changing, I don't see much growth in the big brewers.